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koban [17]
3 years ago
6

Jamar used to work as an office manager, earning $40,000 per year. He gave up that job to start a life-coaching business. In cal

culating the economic profit of his life-coaching business, the $40,000 income that he gave up is counted as part of the life-coaching business's
A. total revenue.
B. opportunity costs.
C. explicit costs.
D. marginal costs.
Business
1 answer:
Drupady [299]3 years ago
4 0

Answer:

B. Opportunity Cost  

Explanation:

Opportunity cost is the alternative forgone or sacrifice made in other to satisfy another want. it refers to the wants that are left  unsatisfied in other to satisfy another want.

In the case of Jumar, the money he earned as an office manager ($40,000) could be referred to as the opportunity cost when he started his life coaching business.  

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According to PMI’s "Code of Ethics and Professional Conduct", project managers should exhibit all of the following behaviors EXC
Harrizon [31]

Answer:

The correct answer is letter "C": authority - exert economic and political power .

Explanation:

The Project Management Institute (PMI) establishes in its "<em>Code of Ethics and Professional Conduct" </em>that there are four milestones important to consider for every project manager: <u><em>honesty</em></u><em>, </em><u><em>responsibility</em></u><em>, </em><u><em>respect</em></u><em>, </em>and<em> </em><u><em>fairness</em></u>. According to the PMI, those values drive not only the ethical life in the managerial but the real world, where the best outcome is the most ethical.

In that sense, "<em>authority</em>" has nothing to do with the PMI's Code of Ethics.

5 0
3 years ago
If you have credit cards that have a total credit limit of $5,000, and you have only $100 remaining before you reach your credit
lina2011 [118]

Answer: not at all

Explanation:

not enough information to advise “negative” or “positive”

7 0
3 years ago
Read 2 more answers
The invention of the _____ is what distinguished modern restaurants from predecessor food service operations.
Levart [38]

The invention of restaurant foods is what distinguished modern restaurants from predecessor food service operations.

<h3>What is meant by food service operations?</h3>

An establishment that serves meals designed to be served in individual quantities for a fee or a mandated donation is known as a food service operation. Restaurants, nursing homes, hospitals, prisons, coffee shops, and candy stores are a few examples of FSO.

Controlling food expenditures is essential for a successful restaurant, which is why food service management is so important. FSMs assist firms in remaining profitable by training staff on serving and preparation standards, maintaining a careful inventory of stock, and identifying various sources for the most affordable ingredients.

The earliest signs of the food service sector date around 3000 BC during the Sumerian era. The majority of the time, temples and palaces served food. They hired chefs, who prepared meals for the aristocracy and visitors.

The invention of restaurant foods is what distinguished modern restaurants from predecessor food service operations.

To learn more about food service operations refer to:

brainly.com/question/26298316

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5 0
1 year ago
Economy
Irina18 [472]
Gross investment exceeds depreciation
5 0
3 years ago
Olga is a technical sales consultant for Interactive Systems Corporation (ISC) based in San Diego. While on business in Boise, s
wel

Answer:

The answer is: Depends on what is considered entertainment, it can vary from $0 to $300.

Explanation:

You can deduct ordinary and necessary expenses from your business income.

Ordinary expenses are expenses commonly paid by other taxpayers in your same industry.

Necessary expenses considers things that you need to pay in order to do business.

Some expenses can only be deducted partially even if they are ordinary and necessary, like having meals with your clients. If Olga took the clients to dinner she can deduct up to 50% of what she paid for the meal ($600 x 50% = $300)

With the introduction of the 2017 Tax Reform Law entertainment expenses (e.g. theater tickets) are no longer deductible expenses. So if Olga took her clients to a concert, then she can't deduct any amount of money.

4 0
3 years ago
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